Sei Investments Co. Boosts Stock Position in iShares MSCI USA Min Vol Factor ETF $USMV

Sei Investments Co. increased its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 1.9% during the 1st quarter, HoldingsChannel reports. The firm owned 1,560,042 shares of the company’s stock after buying an additional 28,733 shares during the period. Sei Investments Co.’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $144,677,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Frankly Finances LLC purchased a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $25,000. Elevated Capital Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth about $29,000. Chapman Financial Group LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 2nd quarter valued at about $29,000. Abound Wealth Management raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 437.1% during the 4th quarter. Abound Wealth Management now owns 333 shares of the company’s stock valued at $31,000 after buying an additional 271 shares in the last quarter. Finally, Ankerstar Wealth LLC purchased a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $31,000.

iShares MSCI USA Min Vol Factor ETF Trading Down 0.1%

Shares of BATS:USMV opened at $96.11 on Friday. The company has a market cap of $24.53 billion, a price-to-earnings ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $91.02 and a 12 month high of $98.73. The company has a 50-day moving average price of $96.24 and a 200 day moving average price of $95.22.

About iShares MSCI USA Min Vol Factor ETF

The iShares MSCI USA Min Vol Factor ETF (USMV) is an exchange-traded fund that is based on the MSCI USA Minimum Volatility (USD) index. The fund tracks an index of US-listed firms selected and weighted to create a low-volatility portfolio subject to various constraints. USMV was launched on Oct 18, 2011 and is managed by BlackRock.